Close Menu
Simply Invest Asia
  • Home
  • Industries
  • Investment
  • Money
  • Precious Metals
  • Property
  • Stock & Shares
  • Trading
What's Hot

Municipal bonds offer a rare opportunity as yields climb, says Nuveen’s Dan Close

March 7, 2026

Better Stock to Buy Right Now: Royal Caribbean vs. Viking Holdings

March 7, 2026

Building society launches new ‘competitive’ savings account with 4% interest | Personal Finance | Finance

March 7, 2026
Facebook X (Twitter) Instagram
Trending
  • Municipal bonds offer a rare opportunity as yields climb, says Nuveen’s Dan Close
  • Better Stock to Buy Right Now: Royal Caribbean vs. Viking Holdings
  • Building society launches new ‘competitive’ savings account with 4% interest | Personal Finance | Finance
  • Income Tax Impact of Selling Precious Metals and Numismatics
  • High-Frequency Trading: HFT in Modern Crypto Trading
  • Martin Lewis explains how to get much better return on savings
  • Costco’s Strong Growth Continues. But Is the Stock Too Expensive?
  • Platinum deficit set to continue for 4th yr; shortage may shrink 75%
Facebook X (Twitter) Instagram YouTube
Simply Invest Asia
  • Home
  • Industries
  • Investment
  • Money
  • Precious Metals
  • Property
  • Stock & Shares
  • Trading
Simply Invest Asia
Home»Precious Metals»West Red Lake Gold starts infill drilling programme at Fork deposit in Canada
Precious Metals

West Red Lake Gold starts infill drilling programme at Fork deposit in Canada

By LucasNovember 26, 20254 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The Fork deposit currently hosts an indicated mineral resource of 20,900oz grading 5.3g/t gold. Credit: Thaishutter2528/Shutterstock.com.

West Red Lake Gold Mines has commenced a fully funded infill drilling programme at its wholly owned Fork deposit, situated around 250m south-west of the company’s Madsen mine in the Red Lake Gold District of north-western Ontario, Canada.

The Fork deposit infill drilling programme aims to inform a construction decision for potential near-term production at the adjacent resource area.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.


Find out more

The drill programme at Fork will include roughly 3,000m of NQ-diameter diamond drilling from surface.

West Red Lake Gold Mines will concentrate the infill drilling on a shallow, high-grade, low-plunging zone of gold mineralisation, which was identified during a re-evaluation of the Fork deposit in the past year.

This mineralised zone trends north-south and has previously been outlined through drilling across an area measuring 400m×250m, with potential for further expansion down plunge to the south.

West Red Lake Gold Mines president and CEO Shane Williams said: “Once considered a somewhat diffuse, intermediate-grade portion of the satellite resource inventory at Madsen, the core of Fork has been re-envisioned as a high-grade near-mine resource expansion target that is a priority for immediate advancement.

“The shallow nature of the deposit will allow for efficient definition drilling from surface and, with its high grades and proximity to existing underground development, it is easy to envision this core zone of Fork becoming part of the production pipeline at Madsen, based on successful infill drilling results.”

The target zone’s average thickness is conservatively estimated at around 2m, based on current core length intercepts.

The shallow nature of the mineralised zone will enable systematic and efficient infill and expansion drilling from surface, with drill-holes averaging 170m deep.

Advancing underground development towards the Fork Deposit is expected to unlock significant exploration potential and underground drilling opportunities along the main structural trend from Madsen towards the past-producing Starratt-Olson mine.

The Starratt-Olson mine historically produced around 164,000oz of gold between 1948 and 1956.

West Red Lake Gold Mines reports that the Fork Deposit currently hosts an indicated mineral resource of 20,900oz grading 5.3 grams per tonne (g/t) gold, along with an additional inferred resource of 49,500oz at 5.2g/t gold.

Williams added: “The Madsen Mine shows clear potential to become a sizeable and long-lived operation, with several satellite deposits not yet considered in the mine plan, multiple untested exploration targets, and a 1.5-million-ounce indicated resource that is wide open for expansion at depth.

“Fork is the first opportunity we are advancing to make good on that potential. As an unmined and near-surface deposit sitting just 250m from Madsen, Fork offers a non-remnant zone of mineralisation that could be accessed within a few months of development and sequenced into the mine plan with ease, providing additional optionality and ounces in the near term.

“With Madsen nearing commercial production in Q1 of 2026 we are ready to actively pursue a hub-and-spoke growth model at Madsen. Simultaneous surface drilling programmes at Fork and Rowan take us in that direction and we will continue to evaluate and develop additional high-grade gold opportunities within the Red Lake district.”

In October, West Red Lake Gold commenced a 5,000m drilling programme at its Rowan project in the Red Lake Gold District.  

Email newsletter icon

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

Mining Technology Excellence Awards – The Benefits of Entering

Gain the recognition you deserve! The Mining Technology Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now




Source link

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

Related Posts

Income Tax Impact of Selling Precious Metals and Numismatics

March 7, 2026

Platinum deficit set to continue for 4th yr; shortage may shrink 75%

March 7, 2026

Osmium Believes Electing its Four Directors Will Maximize and Unlock Shareholder Value

March 7, 2026
Leave A Reply Cancel Reply

Our Picks

Investment in Europe’s chemicals sector plunges over 80% in 2025

January 28, 2026

Savings to be had on hundreds of items at FabFinds

January 26, 2026

The View host stuns audience by saying she AGREES with MAGA warning issued by Trump’s transportation secretary

November 26, 2025

FCA fines ex-advertising executive and friend over insider trading

February 12, 2026
Don't Miss
Investment

Municipal bonds offer a rare opportunity as yields climb, says Nuveen’s Dan Close

By LucasMarch 7, 2026

The firm’s head of municipals says attractive valuations and improving flows point to further upside…

Better Stock to Buy Right Now: Royal Caribbean vs. Viking Holdings

March 7, 2026

Building society launches new ‘competitive’ savings account with 4% interest | Personal Finance | Finance

March 7, 2026

Income Tax Impact of Selling Precious Metals and Numismatics

March 7, 2026
Our Picks

Regarding ruthenium | Nature Chemistry

February 16, 2026

3 Mid-Cap Growth Stocks That Have Mammoth Long-Term Potential

November 22, 2025

The 8 Best Grocery Delivery Services to Use in 2025

November 29, 2025
Weekly Pick's

Phase One of industrial park completes with freehold sale to vaping business

November 14, 2025

Expect more platinum price gyrations, warns WPIC

March 4, 2026

Allianz gets approval to set up insurance asset management firm in China

October 10, 2025
Monthly Featured

Metaplanet On Waning Enthusiasm For Microstrategy-Style Firms

October 20, 2025

Annual house price growth comes in at 7.3% in October

February 10, 2026

UK commercial property market shows signs of stabilisation amidst ongoing headwinds

January 30, 2026
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
© 2026 Simply Invest Asia.

Type above and press Enter to search. Press Esc to cancel.